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Former Detroit Piston Chauncey Billups announced he is retiring after 17 seasons in the NBA, according to a

Yahoo! Sports

report.

The Pistons declined to pick up the final year of Billups $2.5 million contract after the 2013-14 season. Billups, who returned to play for the Pistons on a two-year deal last season, averaged 3.8 points, 1.5 rebounds and 2.2 assists.

The Pistons signed Billups as a free agent in 2002 and he was instrumental and leading them to an NBA championship in 2004 when he was also named league MVP.

Detroit traded the five-time All Star to Denver in 2008. The veteran of 1,043 games has 15,802 career points.